SCHEDULES

SCHEDULE 4Summary funding statements

1

A summary that—

a

explains the extent to which the assets of the scheme are adequate to cover its technical provisions, and

b

is based on—

i

the last actuarial valuation under section 224 of the 2004 Act received by the trustees or managers of the scheme, and

ii

any actuarial report under that provision they have received since that actuarial valuation.